Special Report on
Changing HR paradigm in banks
Changing HR paradigm in banks - Trends
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The UNDP (1997) defines governance as the exercise of political, economic and administrative authority in the management of a country's affairs. Traditionally all countries relegate this responsibility and vest this authority in the government or �the state�. At the broadest level, governments perform a number of vital functions, including making decisions and coordinate policies, delivering certain vital services and ensuring public order and safety to enable people to seek livelihoods and carry out their normal functions of life. It is also of national concern that the sum total of human activities contributes to ...
I have never heard a market-oriented economist argue that a rise in the minimum wage boosts the demand for labor. You might try this argument: "The government is certifying that these workers are worth this much. The government is defining the market price. Entrepreneurs will believe that price and hire workers in the expectation of finding an equivalent or even superior marginal product. The government said that was the right price." No go. Market-oriented economists instead claim that entrepreneurs "see ... Read More
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CHANGING HR PARADIGM IN BANKS
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